British House of Commons Treasury Committee

Mervyn King testified before the British Treasury Committee on financial regulation, inflation targets, and the British banking…
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Mervyn King testified before the British Treasury Committee on financial regulation, inflation targets, and the British banking system. During the hearing, Mr. King also told members that there was no rush to raise interest rates. He was joined by members of the Monetary Policy Committee, a nine-member committee whose main role is to decide on the official interest rate in the United Kingdom. close

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*The transcript for this program was compiled from uncorrected Closed Captioning.